Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,176 people, 2,528 houses or apartments, and a median cost of homes of $993,521, Manhasset house prices are not only among the most expensive in New York, Manhasset real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Manhasset, accounting for 76.69% of the town's housing units. Other types of housing that are prevalent in Manhasset include large apartment complexes or high rise apartments ( 11.67%), duplexes, homes converted to apartments or other small apartment buildings ( 5.69%), and a few row houses and other attached homes ( 4.85%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manhasset. Owner-occupied housing accounts for 74.36% of Manhasset's homes, and 72.42% have either three or four bedrooms, which is average sized relative to America.
The housing in Manhasset was primarily built before 1939 ( 55.53%), making the housing stock in Manhasset some of the oldest overall in America, although there is a range of ages of homes in Manhasset. The next most important housing age is between 1940-1969 ( 29.81%), followed by between 1970-1999 ( 8.10%). There's also some housing in Manhasset built between 2000 and later ( 6.57%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Manhasset, where house values have increased just 41.06%, which is annualized rate of 3.50%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Manhasset appreciation rates have trailed the rest of the nation. In the last twelve months, Manhasset's appreciation rate has been 1.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manhasset were at 2.59%, which equates to an annual appreciation rate of 10.79%.
Relative to New York, our data show that Manhasset's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.
$3,897 / per month